Business Briefs


Wells Fargo continues collection for food banks

Wells Fargo is conducting a summer food drive in Arizona to collect donations for food banks in the state including the Food Bank of Payson.

The food drive runs June 1 through June 15.

Food collection bins will be placed in all Wells Fargo Community Banking, Wells Fargo Home Mortgage, Wells Fargo Financial and Wachovia banking stores throughout Arizona.

Donations will benefit members of the Association of Arizona Food Banks, whose members distribute more than 80 million pounds of food each year — enough to provide 168,600 meals every day through 1,100 sites.

People who wish to donate cash can send checks to the Association of Arizona Food Banks, 2100 N. Central Ave., Ste. 230, Phoenix, AZ 85004. Donations also may be made online at

“Last summer our team collected 58 tons of food, and this year we hope to provide even more. The need is so great — more than 14 percent of Arizonans live in poverty, including more than 330,000 children under the age of 18,” said Pam Conboy, regional president for Wells Fargo Regional Banking in Arizona.

According to the Association of Arizona Food Banks, local food shelves that are filled during holiday collection drives in November and December are nearly depleted by summer.

“Today’s economic challenges have placed more pressure than ever on our members and their agencies,” said Ginny Hildebrand, president and CEO, Association of Arizona Food Banks. “With rising unemployment, demand for food bank service is at record levels.”

Small Business Administration to host workshops in June

The Arizona District Office of the Small Business Administration will host a number of workshops to discuss the new loan program for small businesses called “ARC Loans” or American Recovery Capital Loans.

Small-business owners interested in the program are encouraged to attend.

In addition, SBA will provide an update of the opportunities available to small businesses contained in the American Recovery and Reinvestment Act of 2009 — the recently enacted federal stimulus legislation.

“Our goal is to update Arizona small businesses about opportunities that exist as a result of the Recovery Act legislation, including the new ARC Loan Program,” said SBA District Director Robert Blaney.

The American Recovery and Reinvestment Act provided $730 million to SBA and created a comprehensive package of tax breaks, financial assistance and market enhancements designed to help foster entrepreneurship and job creation.

The workshops will be held at the following locations:

Prescott — June 17 from 6:30 p.m. to 8:30 p.m., Yavapai Community College 1100 E. Sheldon St., library community Room.

Phoenix — June 24 from 6:30 p.m. to 8:30 p.m., Phoenix Community College Osborn Campus, Dome Conference Center. July 1 from 9 a.m. to 11 a.m. SBA Training Center 2828 N. Central Ave., Suite 800.

Admission is free but seating is limited and pre-registration is required. To register, go online to


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